The Brunei Darussalam Central Bank (BDCB) and the Bank of the Lao PDR (BOL) have officially joined the Regional Payment Connectivity (RPC), marking a significant milestone in ASEAN’s financial integration efforts, the Monetary Authority of Singapore (MAS) has announced. The BDCB’s accession to the RPC… Read More
Read more in: Asia, Fintech | Tagged asean, ASEAN Regional Payment Connectivity, brunei, Lao, Payment Connectivity
The Brunei Darussalam Central Bank (BDCB) and Monetary Authority of Singapore (MAS) reaffirmed the close ties between the two authorities “at the fourth BDCB-MAS Bilateral Roundtable, and discussed new areas of collaboration.” At the Roundtable, BDCB Managing Director, Rokiah Bakar and MAS Managing Director, Ravi… Read More
Read more in: Asia, Fintech, General News, Global | Tagged brunei, mas, monetary authority of singapore, ravi menon, southeast asia
Railsbank, an established global embedded finance solution provider, and Visa (NYSE: V) are joining forces to promote local Fintech services, with Railsbank becoming a Visa Ready Banking Identification Number (BIN) sponsor. This, according to an update shared by Finextra. Through the BIN sponsor program, all… Read More
Read more in: Fintech, Asia, Global | Tagged baas, brunei, europe, fintech adoption, fintech trends, Kunal Chatterjee, nigel verdon, payments, railsbank, singapore, southeast asia, uk, united kingom, visa
Brunei’s Fintech sector continues to grow steadily due to the rising demand for digital financial services and its government’s push to encourage its residents to use modern payment methods. Brunei has the second-highest (after Singapore) human development index or HDI (which measures the overall quality… Read More
Read more in: Fintech, Asia | Tagged asean, asean region, brunei, digital financial services, digital payments, financial services, fintech adoption, fintech regulatory sandbox, remittance payments, remittances, research, Research Report, southeast asia
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